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Alan Greenspan Quotes: By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.
         

By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.


Alan Greenspan
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Other quotes of Alan Greenspan


I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.

I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.



The need for values is inbred. Their content is not.

The need for values is inbred. Their content is not.



The number one problem in today's generation and economy is the lack of financial literacy.

The number one problem in today's generation and economy is the lack of financial literacy.



I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.

I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said.



Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.



Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.



When trust is lost, a nation's ability to transact business is palpably undermined.

When trust is lost, a nation's ability to transact business is palpably undermined.



In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.



Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.

Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.



To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.

To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal and numerical, and communication skills.





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In deep silence, close your eyes and let your heart fly by spreading those wings of love in an unknown sky.

In deep silence, close your eyes and let your heart fly by spreading those wings of love in an unknown sky.



Study strategy over the years and achieve the spirit of the warrior. Today is victory over yourself of yesterday tomorrow is your victory over lesser men.

Study strategy over the years and achieve the spirit of the warrior. Today is victory over yourself of yesterday tomorrow is your victory over lesser men.



The state reserves the right to be the sole interpreter of the needs of society.

The state reserves the right to be the sole interpreter of the needs of society.



I'm an abstract painter not just for myself, but because I really believe in abstraction.

I'm an abstract painter not just for myself, but because I really believe in abstraction.



But what makes wage slaves? Wages!

But what makes wage slaves? Wages!



Arizona faces many challenges ahead. None is more important or more pressing than passing a new state budget.

Arizona faces many challenges ahead. None is more important or more pressing than passing a new state budget.



It troubles me that people speak about writing for money as ugly and distasteful.

It troubles me that people speak about writing for money as ugly and distasteful.



Men tell me that I've saved their marriages. It costs them a fortune in shoes, but it's cheaper than a divorce. So I'm still useful, you see.

Men tell me that I've saved their marriages. It costs them a fortune in shoes, but it's cheaper than a divorce. So I'm still useful, you see.



Whoever does not accept my teaching may not be saved - for it is God's teaching and not mine.

Whoever does not accept my teaching may not be saved - for it is God's teaching and not mine.



I didn't come here to be average.

I didn't come here to be average.




Quote Description


This page presents the quote "By far the most significant event in finance during the past decade has been the extraordinary development and expansion of financial derivatives.". Author of this quote is Alan Greenspan. This quote is about finance, extraordinary, financial, past, development, significant, derivatives, expansion, events,.